ELE 0.00% 0.5¢ elmore ltd

Good points MBB. With a mining contractor, for want of a better...

  1. 1,449 Posts.
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    Good points MBB. With a mining contractor, for want of a better word, in place - with their shiny new machines -, land acquired and the plant technology tweaked, why not just bolt the other 4 conveyers/crushers on and go straight to capacity. If they are looking to debt finance these next stages of production, I'm sure that with all their infrastructure in place, NSL would have to be looking a safer bet to any financier.

    I'm sure another 800,000 tonnes of product will not make JSW or any of the other buyers shudder, they would welcome it. And here's the thing I love about NSL right at this moment- who knows what might pop up in the next 6 months or so.

    Fingers crossed, the old AP14 tenement gets the go ahead soon.

    Cheers

    Rhama
 
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